Glass Product Manufacturing Made of Purchased Glass Commercial Loans

With these commercial loans for glass product manufacturing made of purchased glass, the SBA guarantees the lender that the loan will be repaid. This glass product manufacturing made of purchased glass loan for $10,000 was given to a California entrepreneur in 2005.

This business knew how to go about getting a business bank loan. Based in Elk Grove, California, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Bank Of America, based in Charlotte, North Carolina.

SBA Loan Borrower

COMPANY TYPE: GLASS PRODUCT MANUFACTURING MADE OF PURCHASED GLASS
ELK GROVE, CA 95624

SBA Loan Lender

BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255

The lender provided this SBA bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

327215 - Glass Product Manufacturing Made of Purchased Glass

Loan Approval Date

3/9/2005

Loan Approval Gross Amount

$10,000

Loan Approval from the SBA

Of the total $10,000 loan amount, the SBA guaranteed $5,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 1 existing job.

Great, But How Can I Get an SBA Loan for My Business?

If you are raising money in Elk Grove CA, you ought to talk with a local Elk Grove SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Elk Grove businesses.

We can help you find the best banks for small businesses in Elk Grove or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

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